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Biotech / Medical : Agouron Pharmaceuticals (AGPH)
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To: Weekapaug who wrote (397)3/11/1997 7:14:00 AM
From: Peter Church   of 6136
 
From my analysis of the past weeks, it looks like there is a support level at the $84. When the stock falls to that level, as it is now, I walk several times around the block, look at the flowering green California hills and repeat to myself the mantra: No rain, no gain. A couple of months from now, we may look back at $85 nostalgically as an incredible buying opportunity. It all depends on your time frame. It's hard to be patient after all the good news and upward momentum of the past months, and especially now, it feels like an eerie silence surrounds the company. But remember, there were moments in even the recent past when AGPH was down down down. Look carefully at the chart. The patient investors have been rewarded so far. :-)

Best regards---Peter
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